Deevabits Green Energy (DGE)

Our team advised Deevabits Green Energy on the financial facilities it received from SIMA.

4 Mar 2021 1 min read Featured work

Related services

Banking, Finance & Projects

We reviewed the facility agreement and advised them on the structure of the financing.

This deal is significant because Deevabits is a social enterprise that distributes solar products to off-grid rural areas in Kenya using last-mile distribution approach.

THE TEAM BEHIND THE DEAL

Sammy Ndolo

Kenya Managing Partner

Corporate & Commercial Law

You might also be interested in

19 Feb 2025

by Imraan Mahomed, Taryn York and Mapaseka Nketu

Government crackdown on businesses – what employers in South Africa need to know

The Department of Employment and Labour (DEL) has ramped up its inspection raids, which remind employers to audit foreigners’ employment status to avoid being caught in violation of immigration, employment, and criminal laws.

Immigration Law

1 min read

30 Oct 2024

by Kate Anderson and Keagan Hyslop

50/50 shareholders and oppressive conduct: When some shareholders are more equal than others

A fundamental principle of South African company law is “ majority rules ” – shareholders and directors are bound by the decisions of the majority even where such decisions are not in their interest. However, recognising the potential for unfair abuse of such a principle, the Companies Act 71 of 2008 (Companies Act) devised section 163, which allows a director or shareholder of a company to apply to court for relief from oppressive conduct of the company or a person related to it that unfairly disregards or prejudices the interests of the applicant. Section 163 therefore paints the picture of a majority shareholder abusing its ability to control the company to unfairly bully or oppress minority shareholders. But what happens if the shareholders are equals – can a 50/50 shareholder be oppressed by their equal? This was the question before the High Court in Van der Watt v Schoeman and Others 91 SA 531 (ECGq).

Corporate & Commercial Law

4 min read

11 Nov 2024

by Alex Kanyi and Charity Muindi

Same script, different cast: An analysis of the proposed Tax Laws (Amendment) Bill, 2024 and Tax Procedures (Amendment) (No.2) Bill, 2024 in Kenya

In response to the current economic landscape and the need for sustainable public finance, National Treasury has proposed significant amendments aimed at enhancing tax compliance, broadening the tax base, and improving the overall fiscal framework in Kenya. An important question that arises is: are the amendments a mere replica of the highly contested Finance Bill, 2024?

Tax & Exchange Control

15 min read

11 Oct 2024

by Yvonne Mkefa

Workplace harassment and the need to create a safer environment for women

Yvonne Mkefa, Director in the Employment Law practice joined Nompumelelo Ngubeni and MoG on Channel Africa to address Workplace harassment and the need to create a safer environment for women.

Employment Law

20:35 Minutes

18 Jun 2025

by Alex Muchira, Yvonne Njuguna and Ian Ounoi

Court affirms the binding nature of articles of association in shareholder disputes

In a ruling delivered on 21 May 2025 in Kagau and Another v Nyaga and Another; Kangerwe Holding Company Limited (Interested Party) (Commercial Case E003 of 2024 ) KEHC 6418 (KLR) the High Court dismissed an application for dispute resolution brought by certain shareholders and directors of a company for being contrary to the articles of association of the company (articles). The court held that the application was inadmissible on grounds that the parties had failed to first refer their dispute to arbitration, as required by the articles.

Corporate & Commercial Law

3 min read